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firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are … Canada-US regional data, we structurally estimate the model and simulate the impacts of removing all trade barriers generated … by the Canada-US border. We find that Canadian average labor productivity increases by 8.03%, whereas US average labor …
Persistent link: https://www.econbiz.de/10013097109
quantify the impacts of removing the Canada-U.S. border on wages, productivity, markups, the share of exporters, the mass of … endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient … Canada-U.S. interregional trade data, we first estimate a system of theory-based gravity equations under the general …
Persistent link: https://www.econbiz.de/10014214678
quantify the impacts of removing the Canada-U.S. border on wages, productivity, markups, the share of exporters, the mass of … endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient … Canada-U.S. interregional trade data, we first estimate a system of theory-based gravity equations under the general …
Persistent link: https://www.econbiz.de/10013324989
Persistent link: https://www.econbiz.de/10003818522
of removing the Canada-US border on wages, productivity, mark-ups, the share of exporters, the mass of varieties produced … endogenously determined wages. Trade integration favours wage convergence, boosts competition, and forces the least efficient firms … model is well suited to studying the impact of trade integration on aggregate productivity and factor prices. Using Canada …
Persistent link: https://www.econbiz.de/10011599058
We develop a theory and an empirical strategy to estimate the welfare gains of economic integration in economies with frictional local labor markets. The model yields a welfare formula that nests previous results in the literature and features an additional adjustment margin, via the employment...
Persistent link: https://www.econbiz.de/10012145191
, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of … aggregate employment. -- structural models ; heterogeneous firms ; fair wages ; labour market imperfections ; exporter wage …
Persistent link: https://www.econbiz.de/10009581985
, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of …
Persistent link: https://www.econbiz.de/10013101194
hand and wages of workers employed by this firm on the other hand. The latter establishes an exporter wage premium, since … in terms of both operating profits and average wages. We also find evidence for gains from trade for all five countries … ; Heterogeneous firms ; Fair wages ; Labour market imperfections ; Exporter wage premium …
Persistent link: https://www.econbiz.de/10009404745
most plausible explanation for the effect in Canada, a small developed country, is that more intense competition in export …
Persistent link: https://www.econbiz.de/10014126758